The recent sale of NFTs inspired by Snoop Dogg on the Telegram platform raised significant funds, demonstrating interest in digital assets.
Success of NFT Sales
Nearly one million unique NFTs inspired by Snoop Dogg's work were sold on Telegram in just 30 minutes. The total sales amounted to $12 million. Pavel Durov, founder of Telegram, emphasized that this swift success confirms the growing interest in NFTs among platform users. In the next 21 days, blockchain minting and the launch of a secondary market are planned.
NFT Market Prospects on TON
The expected introduction of a secondary market on the TON blockchain could lead to increased trading activity and interest in NFTs. This situation indicates a growing appetite for celebrity-backed NFTs, such as those from Snoop Dogg.
Toncoin Trading Dynamics
According to CoinMarketCap, Toncoin (TON) is trading at $2.87 with a market cap of $7.08 billion. The trading volume over the last 24 hours has reached $182.10 million, reflecting a 16.20% change. While the price has fallen by 13.16% over the past 30 days, there is a slight increase of 2.04% in the last 24 hours.
The NFT sale by Snoop Dogg on Telegram represents a significant event, demonstrating the increasing interest in digital collectibles. With the upcoming launch of a secondary market on the TON blockchain, expectations for engagement in this segment are only rising.
